JINMING MACHINERY(300281)2022-12-05 05:58Group 1: Company Overview and Performance - In 2016, the company achieved total revenue of 360.11 million yuan, an increase of 14.76% year-on-year [3] - The net profit attributable to shareholders was 32.55 million yuan, up by 11.09% compared to the previous year [3] - The company focuses on high-end film equipment manufacturing, with a strategic shift towards innovation, technology, and green development [3] Group 2: Technological Advancements - The company has developed advanced PVDC technology application equipment, successfully producing prototypes [5] - It holds several national utility model patents, emphasizing its commitment to research and innovation [4] - The company collaborates with renowned research institutions and universities to enhance its technological capabilities [4] Group 3: Strategic Goals and Future Plans - The company aims to become a leading provider of smart factory solutions, aligning with the "Made in China 2025" initiative [10] - Plans include the construction of smart manufacturing projects and a cloud-based big data service platform [10] - The company is focused on developing intelligent manufacturing technologies and expanding into the health sector with smart rehabilitation robots [9] Group 4: Subsidiaries and Market Expansion - The company has five subsidiaries, including Shantou Far East Light Chemical Equipment Co., Ltd. and Guangdong Jin Jia New Materials Technology Co., Ltd. [6] - Each subsidiary specializes in different areas, such as intelligent coating optical film equipment and special multifunctional film production [6][7] - The company is expanding its market presence by developing high-end multifunctional films and enhancing its product offerings [11] Group 5: Investment and Financial Strategies - The company plans to raise up to 506 million yuan through a non-public stock issuance to fund various strategic projects [10] - The issuance will support the development of smart agricultural film equipment and a multifunctional film smart factory [10] - The company’s management has shown strong commitment to its growth strategy, with significant personal investments from executives [10]